Time required to start a business in Nigeria
Nigeria: Time required to start a business was 7.2 days in 2019. ▼ Falling
Latest (2019)
7.2 days
Change on year
down 33.9%
World rank
139th
of 188 countries
All-time high
30.3 days
in 2013
All-time low
7.2 days
in 2019
Years of data
7
2013–2019
Time required to start a business in Nigeria, 2013–2019
Source: Doing Business project, World Bank (2025) – processed by Our World in Data. Measured in days.
Analysis
The most recent figure for time required to start a business in Nigeria is 7.2 days, measured in 2019. That is the lowest value across all 7 years on record.
The figure is down 33.9% on the previous year and down 76.2% over ten years.
Nigeria ranks 139th of 188 countries on this measure, in the middle of the range.
Countries ranked near Nigeria
More reference data data for Nigeria
- Spring temperature anomalies 0.3216 °C (2026)
- Summer temperature anomalies 0.3105 °C (2026)
- Temperature anomalies by month 1.8 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.4187 °C (2025)
- Winter temperature anomalies 1.76 °C (2025)
- Consumer price index 860.32 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 0 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is time required to start a business in Nigeria?
- Time required to start a business in Nigeria was 7.2 days in 2019, according to Doing Business project, World Bank (2025) – processed by Our World in Data.
- What is the highest time required to start a business recorded in Nigeria?
- The highest recorded value was 30.3 days in 2013.
- What is the lowest time required to start a business recorded in Nigeria?
- The lowest recorded value was 7.2 days in 2019.
- How does Nigeria rank for time required to start a business?
- Nigeria ranks 139th out of 188 countries with data for 2019.
- Is time required to start a business rising or falling in Nigeria?
- Over the last ten years it is down 76.2%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from Doing Business project, World Bank (2025) – processed by Our World in Data, published as part of Time required to start a business. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Number of calendar days needed to complete the procedures to legally operate a business.